SBI Holdings Inc. (OTCMKTS:SBHGF – Get Free Report) shares saw unusually-strong trading volume on Thursday. Approximately 45,447 shares changed hands during trading, an increase of 390% from the average daily volume of 9,275 shares. The stock last traded at $18.20 and had previously closed at $17.7850.
SBI Price Performance
The stock has a 50-day simple moving average of $19.49 and a 200 day simple moving average of $19.28. The company has a market capitalization of $6.00 billion, a PE ratio of 3.32 and a beta of 0.86.
About SBI
SBI Holdings, Inc. is a Japan-based financial services group whose businesses include online securities, banking, insurance, and asset management. Through its subsidiaries, the company offers investment and financial products and services to individual and institutional customers. Founded in 1999 as SoftBank’s financial services arm, the company became independent and adopted the SBI Holdings name in 2005. It has since expanded beyond its core financial businesses into areas such as digital finance and biotechnology.
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